3 months on rocket

877 Polk Ave, Memphis, TN, 38126

$199,000

Home List Price

$2,363*

Closing Credit

0 Baths
Multi

Location

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877 Polk Ave, Memphis$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOffsite/Street
Year Built1957
HeatingNatural Gas, Other
CoolingOther
BasementYes
MLS #10179153
StatusActive

About 877 Polk Ave

Four Plex can be delivered vacant. Standard renovations have been made to make property rent ready to current seller liking. Rent roll available upon request. Current /Previous rent $700-$775 Potential rent amount can be raised to $875-$900 contact listing agent for access and more photos. Please send all offers.

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Stories: 2

Listing Office:

  • Office Name: KAIZEN Realty, LLC

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Other (See Remarks)

Exterior Features

Parking Information:

  • Parking: Offsite/Street

Utilities

Utilities Information:

  • Heating: Natural Gas, Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Left on Manassas right on Polk

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000

Tax Information:

  • Annual Amount: $1,335
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

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Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

877 Polk Ave vs Memphis

92 DAYS ON ROCKET

$199,000

+$8.5K More

KEY TAKEAWAY

This property is $8.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10179153

Listing Office:

  • Office Name: KAIZEN Realty, LLC

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 4:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 27, 2019Home Sold
$47,000
Mar 31, 2004Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,335$18,440
2020$802$11,080
2019$802$11,080
2018$455$11,080
2017$458$11,080

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-362752
4
/10

  • Bruce Elementary School

  • 581 S Bellevue Blvd

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-362753
3
/10

  • Memphis Delta Preparatory

  • 1237 College St

  • 1.01 miles

  • Public Charter Grades KG-5

school-card-donut-362754
5
/10

  • Circles of Success Learning Academy

  • 867 S Parkway E

  • 1.36 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,549. Most Memphis, TN residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38126›877 Polk Ave

This home is located at 877 Polk Ave in Memphis, TN and zip code 38126 in the South Memphis neighborhood. This home was built in 1957. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $199,000.

Memphis, TN housing market in October 2024 saw over 53 listings sold above listed price, more than 103 sold at listed price and over 252 sold below. The number of listings in Memphis, TN increased by 22.4% between September 2024 and October 2024.

From Rocket Homes Real Estate and based on county public records data.

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